Indonesian-born tycoon Oei Hong Leong, whose father is Indonesian tycoon Eka Tjipta Widjaja, gets the bulk of his fortune from his corporate bond portfolio. Other assets include a minority stake in Raffles Education, which operates a network of 30 colleges and universities across 12 countries, including Australia, Singapore, Indonesia, China and the Philippines. He also owns close to 30% of Singapore-listed

IPC Corp, which owns hotels and redevelops distressed properties in Japan. Oei who lives in Singapore, earns a spot on the Forbes Billionaires list on new information about his private assets such as his valuable Buddhist art museum that includes 50,000 Buddhist artifacts and works of art, some dating back to the 7th century.

Asia has a record number of billionaires on the new Forbes Billionaires List out yesterday, a sign of great prosperity. Yet many pillars of the Asian business landscape are now in their twilight years. Among them, Asia’s richest man, Li Ka-shing, is 86.

What are the risks involved when great wealth and power pass from one generation to read »

Twitter co-founder Jack Dorsey was threatened by supporters of the Islamic State, raising the issue of how social media can be used both to liberate the oppressed and to spread fear and messages of terror. read »

In a year when growth in China’s e-commerce growth captured investor attention globally, an entrepreneur from more traditional industries — real estate and entertainment — leads a record 213 mainland Chinese on this year’s Forbes Billionaires List.

Wang Jianlin’s estimated wealth soared to $24.2 billion this year from $15.1 billion a read »

Mainland China has a record 213 members on the 2015 Forbes Billionaires List, an increase from 152 last year and second only to the United States. Here are the listees, presented by their list rank, name, wealth estimate, and source of wealth: